Want to own bitcoin, but too embarrassed to tell your friends you’ve eschewed traditional assets for a currency with a checkered past as an illicit means of exchange?
Commerzbank AG may have a solution for you — though it doesn’t appear to be a very efficacious one.
The firm is marketing a structured note that allows investors “to get exposure to bitcoin without actually investing in it directly.” The underlying basket consists of an equal-weighted shares of Shopify Inc., DISH Network Corp. and Microsoft Corp.
These companies are “all active in blockchain technology” — according to the product summary for non-U.S. customers. The common thread tying these firms to bitcoin: They facilitate transactions in the digital currency.
TheBitcoinNews.com – Bitcoin News source since 2012
Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. TheBitcoinNews.com holds several Cryptocurrencies, and this information does NOT constitute investment advice or an offer to invest.
Everything on this website can be seen as Advertisment and most comes from Press Releases, TheBitcoinNews.com is is not responsible for any of the content of or from external sites and feeds. Sponsored or guest posts, articles and PRs are NOT always flagged as this. Expert opinions and Price predictions are not supported by us and comes up from 3th part websites.
Advertise with us : Advertise